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Japanese government invested 243.5 billion yen to encourage Japanese enterprises to withdraw production from China

via:驱动之家     time:2020/4/10 19:50:10     readed:241

Recently, according to Bloomberg, in response to the negative impact of the new crown epidemic on the economy, Japan's Ministry of economy and industry launched an anti epidemic economic rescue plan with a total amount of 108 trillion yen (about 7 trillion yuan).

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It is understood that of the 243.5 billion yen special funds, 220 billion yen will be used to help Japanese enterprises move production lines back to Japan, and 23.5 billion yen will be used to help Japanese companies transfer factories to other countries.

Data shows that China has been Japan's largest trading partner since 2004, but due to the impact of this year's new crown epidemic, many factories have been closed, and Japan's imports from China have also been blocked.

According to the data, Japan's imports in February fell by 14% compared with the same period last year, of which imports from China fell by nearly half.

A senior Japanese official involved in the development of the plan told reporters:

According to a survey conducted by Tokyo Shoko Research Ltd. in February, 37% of the more than 2600 companies responding to the new crown epidemic are diversifying their procurement from other regions except China.

Guan Chenyi, an economist at the Japan Institute of Integration, said:

Manufacturers that focus on China's domestic market, such as automakers, are less likely to move, he said. In other words, the Japanese manufacturers in China who provide supporting parts to Japan had intended to move out of China because of the interruption of parts supply caused by the epidemic and the impact on the normal production of Japanese enterprises. This time, the Japanese government made a special budget to help Japanese enterprises. On the one hand, it accelerated the process of withdrawing the industrial chain from China, on the other hand, it made up for the economic losses caused by the relocation of Japanese enterprises, and resumed production in Japan or other regions as soon as possible.

Although Japan is a market economy country, the government can not interfere with the normal economic decision-making of enterprises, but the Japanese large-scale enterprises and the Japanese government are inextricably linked, always respecting the guidance of the Japanese government. Therefore, this time, the Japanese government allocated huge funds to support Japanese enterprises to evacuate from China, which had a great impact!

According to the statistics of the Ministry of foreign affairs of Japan, by 2017, the number of Japanese enterprises in China had increased to 2.2 times that of 2005, reaching 76000, many of which had factories in China, such as many well-known Japanese automobile enterprises and Japanese semiconductor enterprises.

However, in the past two years, with the increase of the comprehensive cost of manufacturing industry in mainland China, as well as India, Vietnam, Thailand and other countries with low comprehensive cost of manufacturing industry vigorously attracting investment, some Japanese enterprises have also begun to withdraw from China. At the end of March last year, for example, Sony shut down its mobile phone factory in Beijing and moved its production to Thailand to cut costs.

It should be pointed out that the withdrawal of these Japanese factories before is the independent decision-making behavior of enterprises caused by market factors. But this time, like the Japanese government, it is rare to encourage domestic enterprises to withdraw from China and move production lines back home.

Although the new crown epidemic does have some impact on the production of Japanese enterprises in China, the impact is not as serious as expected, and the impact of the epidemic is a short-term impact factor, which should not affect the long-term investment decisions of enterprises.

Before that, Hideki Murata, President and President of Murata production Institute, said in an interview with the media that at the end of February this year, Murata's four factories in Wuxi and other places had all been restored to work, and the return rate of employees also reached 50%. And expressed confidence in China's epidemic control and market recovery.

Now the epidemic in China has been completely controlled, and most of the enterprises have returned to work. In contrast, the current epidemic situation in foreign countries is still continuing to spread, and the situation is very serious. Not to mention the United States and Europe, Southeast Asian countries have also recently closed their countries and cities, and the supply chain of many enterprises has been completely blocked.

And the epidemic in Japan is not optimistic. Although the epidemic in Japan seems to have been well controlled before, the number of confirmed cases in Japan has increased since the end of March, and there is no downward trend at all. What we must know is that according to the arrangement of the Japanese government, patients with mild illness can not be tested for epidemic situation. This may also cover up the real data of the epidemic. As of the morning of April 10, Beijing time, the total number of confirmed cases in Japan had reached 5556, and 634 new cases had been confirmed in a single day.


Obviously, under the background that the epidemic situation in China has been well controlled and the epidemic situation in Japan and overseas continues to spread, Japan still encourages Japanese enterprises to withdraw production from China for the reason that the epidemic situation in China affects the supply chain, which is really intriguing.

In addition, it is worth mentioning that China has always been Japan's major exporter, and Japan's annual share of parts and semi-finished products exported to China is much larger than that of other major industrial countries.

According to the data, in 2018, mainland China was the largest exporter of Japan, with a total amount of about US $143992 million (an increase of 8.4% year on year). And in recent years, Japan's exports to China have been higher than its imports from China. In other words, Japan has always been the biggest beneficiary of China Japan import and export trade.


This time, the Japanese government, on the basis of the epidemic, launched a policy to encourage Japanese enterprises to withdraw production from China, or it will affect the development of economic and trade relations between the two countries.

Foreign Ministry spokesman Zhao Lijian responded at a briefing in Beijing:

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